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On January 1 , 2 0 2 4 , when the carrying value of the bonds was $ 6 , 2 5 8 , 2

On January 1,2024, when the carrying value of the bonds was $6,258,240, the company redeemed the bonds at 102. Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit account titles are outomatically indented when amount is entered. Do not indent manually.)
On January 1,2024, when the carrying value of the bonds was $6,258,240, the company redeemed the bonds at 102. Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
\table[[Date,Account Titles and Explanation,Debit],[Jan.1,,Bonds Payable,],[2024,Loss on Bond Redemption,],[,Cash,],[Premium on Bonds Payable,,]]
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